In April 2007 the government released a discussion paper, seeking feedback on the possible establishment of a “resale royalty right” for visual artists. A resale royalty right is also known as “droit de suite” or an “artist’s resale right”. This means visual artists receive a royalty payment each time their original art work is resold on the secondary art market. A resale right currently exists in around 50 countries, including the United Kingdom where it was introduced in February 2006.
The government examined international developments relating to a resale right, and the possible impact of applying such a right in New Zealand. As part of this project, the Ministry prepared a discussion paper. This discussion paper provided an overview of these international developments, and looked at a number of options that could form the basis of a resale right scheme in New Zealand.
For more information refer to; http://www.mch.govt.nz/research-publications/publications/ministry-reports/resale-royalty-right-visual-artists-discussion-p
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